Re: Kase Indicator

["j seed" <jseed_10@xxxxxxxxxxx>]

Just curious, can somone explain the logic behind using
(Mov(V,N1,S)*Sqrt(N1)) in the formula?

Thanks,

J


>From: "Glen Wallace" <gcwallace@xxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: <metastock@xxxxxxxxxxxxx>
>Subject: Re: Kase Indicator
>Date: Tue, 24 Jul 2001 09:54:56 -0700
>
>Here it is in MetaStock Language with a MetaStock chart and
>TradeStation chart attached for comparison.  Erich, please tell
>us about the logic and how the indicator is used.
>
>N1:= 10;
>KSDIUP:= If(ATR(N1)>0,
>      (Ref(H,-N1)/L)/(Mov(V,N1,S)*Sqrt(N1)),
>      Ref((Ref(H,-N1)/L)/(Mov(V,N1,S)*Sqrt(N1)),-1));
>KSDIDN:= If(ATR(N1)>0,
>      (H/Ref(L,-N1))/(Mov(V,N1,S)*Sqrt(N1)),
>      Ref((H/Ref(L,-N1))/(Mov(V,N1,S)*Sqrt(N1)),-1));
>Plot:= If(KSDIUP>KSDIDN, LOW,
>        If(KSDIUP<KSDIDN, HIGH, (HIGH+LOW)/2));
>Plot;
>
>
>
>----- Original Message -----
>From: "Erich Kohlhofer" <KohlhoEG@xxxxxxxxxxxx>
>To: <metastock@xxxxxxxxxxxxx>
>Sent: Tuesday, July 24, 2001 1:40 AM
>Subject: Kase Indicator
>
> > Hi, this is the Cynthia Kase indicator written for Omega-Tradestation:
> >
> > input: N1(10);
> >
> > var:KSDIUP(0),KSDIDN(0);
> >
> > if average(@TrueRange, n1) > 0 then
> > KSDIUP = ((high[N1]/low))/(( average(V, N1) * SquareRoot(n1)))
> > else KSDIUP = KSDIUP[1];
> >
> > if average(@TrueRange, n1) > 0 then
> > KSDIDN = ((high/low[N1]))/(( average(V, N1) * SquareRoot(n1)))
> > else KSDIDN = KSDIDN[1];
> >
> > if KSDIUP>KSDIDN then plot1(l,"l");
> > if KSDIUP<KSDIDN then plot2(h,"h");
> >
> > if KSDIUP=KSDIDN then plot3((h+l)/2,"m")
> >
> > Does anyone have the MS code for this?
> >
> > Erich
><< KaseIndicator-MS.gif >>
><< KaseIndicator-TS.gif >>


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